§ 500 (a) (1) For purposes of this section, “foreign bank” means …
§ 501 (a) Whenever, in the judgment of the commissioner, it is …
§ 502 (a) The commissioner may by order or regulation grant exemptions …
§ 503 The commissioner, whenever in his or her opinion the condition of the …
§ 504 The commissioner, for good cause, at any time and from time to time …
§ 505 The commissioner, a deputy commissioner, and every examiner assigned …
§ 506 Whenever he or she deems it expedient, the commissioner may call a …
§ 507 During any emergency period declared by the President of the United …
§ 508 During any emergency period declared by the Governor no bank shall …
§ 509 (a) The commissioner may, in his or her discretion, bring an …

Terms Used In California Codes > Financial Code > Division 1 > Chapter 5 > Article 1 - Examination

  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fiduciary: A trustee, executor, or administrator.
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Joint committee: Committees including membership from both houses of teh legislature. Joint committees are usually established with narrow jurisdictions and normally lack authority to report legislation.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Person: includes any person, firm, partnership, association, corporation, company, limited liability company, syndicate, estate, trust, business trust, or organization of any kind. See California Financial Code 18
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.